Unit 3: Are Businesses Efficient? Product Markets and Efficiency

Lesson 8/9b: Pure Competition: Long Run Equilibrium and Efficiency

Assignments: Video Lectures

 

From Short-run to Long-run in Perfect Competition (econclassroom.com 21:23)

Allocative and Productive Efficiency in Pure Competition (econclassroom.com 19:35)

5.3.4 Deriving the Long-Run Market Supply Curve 9:13 [MyNotes]

 

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Lesson 8/9b